About us

Zoltan Szelyes
Zoltan Szelyes

Masters in Economics, (Lic.rer.pol.), CFA, CAIA

  • 2004 – 2007
    Real Estate Analyst CS Private Banking
  • 2007 – 2008
    Senior economist at SNB, ghostwriter for former
    SNB Chairman Thomas Jordan
  • 2008 – 2014
    Member of Executive Management of SNB Stabfund
  • 2014 – 2020
    Head Global Real Estate Reseach at CSAM
  • 2020
    Head Indirect Real Estate/ Member of the Executive Board at Dicoval
  • 2020
    CEO/Owner Macro Real Estate
Dr. Olafur Margeirsson
Dr. Olafur Margeirsson

PhD

  • 2004 – 2006:
    Service Agent, Kaupthing Bank, Iceland
  • 2006 – 2008
    Junior Economist, Kaupthing Bank Research, Iceland
  • 2008 – 2014
    Postgraduate studies (MSc. Money & Banking, PhD Economics. Thesis: Foreign Direct Investment and Financial Instability), United Kingdom
  • 2015 – 2021
    Real Estate Analyst, later leading the Real Estate Research function at Zurich Insurance, Switzerland
  • 2017 – 2021
    Member of the Supervisory Board of the Central Bank of Iceland
  • 2021 – 2024
    Head of Global Real Estate Research, Credit Suisse Asset Management, Switzerland
  • 2024 – 2026
    Head of EMEA ex-DACH Real Estate Research, UBS Asset Management, Switzerland
  • 2026
    Partner at Macro Real Estate

✓ Achieved a 3.8 bn USD profit and successful wind-down of
USD 38.9 bn of assets on SNB Stabfund

✓ Oversaw successful workouts of US, EU and Japanese CRE and residential loans (2009-2013)

✓ Researched more than 30bn USD of CRE equity deals in Europe, JP, AUS, NZ, KOR, CAN and the US

✓ Contributed to the successful launch of core, value added and multi-manager products at CSAM

✓ Published articles in newspapers, built up real estate publication series at CS and SNB

✓ Speaker at conferences, lecturer at universities

✓ Member of several boards and committees